Bitcoin Price Climbs Towards $110,000 as Binance Market Share Soars

Bitcoin continues to climb towards the crucial $110,000 level. A surge in trading activity on Binance has pushed its market share to 35%, marking a significant increase from the previous 26%. This move is fueling investor interest and bolstering Bitcoin’s bullish momentum. Long-term holders are showing confidence with their accumulated capital exceeding $20 billion, signifying a strategy of strategic investment rather than short-term profit taking.